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201107829 <br />not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The <br />notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not <br />less than 30 days from the date the notice is given to Borrower, by which the default must <br />be cured; and (d) that failure to cure the default an or before the date specified in the notice <br />may result in acceleration of the sums secured by this Security Instrument and sale of the <br />Properiy. The notice shall further inform Borrower of the right to reinstate after acceleration <br />and the right to bring a court action to assert the non-ezistence of a default or any other <br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date <br />specified in the notice, Lender at its option may require immedi�te payment in full of all sums <br />secured by this Security Instrument without further demand and may invoke the power of <br />sale �nd any other remedies permitted by Applicable Law Lender shall be entitled to collect <br />all ezpenses incurred in pursuing the remedies provided in this Section 22, including, but not <br />limited to, reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, 1�ustee shall record a notice of default in each county in <br />wluch any part of the Property is located �nd shall mail copies of auch notice in the manner <br />prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable <br />Law. After the time required by Applicable Law, Trustee shall give public notice of sale to <br />the persons and in the manner prescribed by Applicable Law. Trustee, without demand on <br />Borrower, shall sell the Property at public auction to the highest bidder at the titme and place <br />and under the terms designated in the notice of sale in one or more parcels and in any order <br />Trustee determines. 1�ustee may postpone sale of all or any parcel of the Property by public <br />announcement at the fime and place of any previously scheduled sale. Lender or its designee <br />may purchase the Property at any sale. <br />Upon receipt of p�yment of the price bid, 1�rustee shall deliver to the purchaser Trustee's <br />deed conveying the Property. The recitals in the 1�ustee's deed shall be prima facie evidence <br />of the truth of the statements made therein. 1�ustee shall apply the proceeds of the sale in <br />the following order: (�) to all costs and ezpenses of ezercising the power of sale, and the sale, <br />including the payment of the 1� fees actually incurred and reason�ble attorneys' fees <br />as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) <br />any ezcess to the person or persons legally entitled to i� <br />23. Reconveyance. Upon payment of a11 sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property <br />without warranty to the person or persons legally entitled to it Such person or persons shall pay a.ny <br />recordation costS. Lender may charge such person or persons a fee for reconveying the Properly, but <br />only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the <br />fee is permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which <br />this Security Instrument is recorded. Without conveya.nce of the Property, the successor trustee shall <br />succeed to a11 the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />HCFG-003fi9 <br />NEBRASKA-Single Femily-Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />VMP� <br />WolUe�a Kluwer Firrencfel Servicea 201110124.0.0.0.4002J20110525Y <br />Form 3028 1/09 <br />03/11 <br />Page 75 of 17 <br />•1 <br />